XRP price breaks $1.3220 support, risks slide toward $1.30
XRP slips below $1.3220; $1.3250–$1.3450 cap recovery, $1.30 holds as key support
XRP fell under $1.3220 and the 100‑hour SMA. Price hit $1.3072 and is consolidating.
It broke a bullish trend line at $1.3160 on the hourly chart. The drop underperformed Bitcoin and Ethereum. Price trades below the 23.6% Fib of the $1.3678 to $1.3072 move. Data source: Kraken. Chart: NewsBTC.
Upside levels to watch:
- $1.3250 initial resistance
- $1.3450 as 61.8% Fib of $1.3678–$1.3072
- $1.3650 main barrier; close above targets $1.3820
- Next hurdles $1.40 and $1.4250; then $1.450
Downside risk if below $1.3220:
- $1.3080 first support; then $1.30
- Break and close below $1.30 opens $1.2880
- Next supports $1.2750 and $1.250
Momentum:
- MACD gaining in the bearish zone
- RSI below 50
- Major supports $1.3080 and $1.3050
- Major resistances $1.3250 and $1.3450
